Nestled in the serene cul-de-sac of 16 Cambridge Street, Kensington, Timaru, this charming residential dwelling on a freehold title offers a tapestry of comfort and potential. Constructed in 1950 with robust brick walls and tiled roofing, the property boasts an open-plan kitchen, dining, and living area complemented by a heat pump and logfire. It features three bedrooms, a newly refurbished bathroom, and a versatile sunroom that could serve as a hobbies or guest room. The streetline garage and ample off-street parking provide convenience, while the well-fenced yard ensures safety for children and pets. With a floor area of 122 square meters and a land area of 640 square meters, this property has seen a 25% increase in Capital Value from $320,000 in 2020 to $400,000 as of 2023. The HouGarden AVM estimates the property at $392,500, with the latest sale recorded at $385,000 in 2021 and $192,000 in 2009.
Education opportunities are abundant, with St Joseph's School (Timaru) and Craighead Diocesan School, both highly rated with deciles of 7 and 9 respectively, in close proximity. Timaru South School and Roncalli College, with deciles of 2 and 7, are also accessible, making this an ideal location for families.
Whether you're seeking a solid first home or a promising rental property, this residence holds the promise of comfort and growth, inviting you to add your personal touch to its rich history.
Updated on August 19, 2024